Friday, 20 May 2016

VIX cools into the weekend

With equities closing broadly higher, the VIX ended the week in cooling mode, settling -6.9% @ 15.20.  Across the week, the VIX saw a minor net weekly gain of 1.1%. Broadly, volatility remains due to increase into the summer.





Broadly, despite the sp'500 declining from 2111 to a new multi-month low of 2025, the VIX remains broadly subdued, stuck in the mid/low teens.

The bigger weekly MACD (blue bar histogram) cycle is set to see a bullish cross before end month... and that does bode for a powerful increase in volatility into June.

more later... on the indexes